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typodupeerror

## Comment Re:Yeah... (Score 1)589

Because of the doubling of gas prices, with flirtations at the \$4.00 mark occasionally, we hit break-even at 80,000 miles.

I call B.S.

Let's check your math. Assume an average of \$2.24/gal. over the 80,000 miles (that's the average of \$1.49/gal. and \$2.98/gal., which is twice \$1.49/gal.). Also assume you got 50mpg. Total fuel cost over the 80k miles = 80000 miles / 50 mpg * \$2.24/gal. = \$3584.

I think we can guess that you bought your Prius in 2002. That's the last time regular gasoline cost \$1.49/gal. MSRP for a 2002 Prius was \$20,000, and I think it's safe to assume you paid full sticker price (Priuses have always been a hot item). We'll keep things simple and ignore any sales taxes or other fees. This gives a partial cost over 80,000 miles of \$23,584.

What was the other car you used for comparison? In order to hit breakeven, its sales cost + fuel cost over 80,000 miles must have been \$23,584. If you're comparing to a similar sized vehicle with similar features, you're probably looking at a sales cost of around \$13000 (the 2002 Corolla for example had an MSRP between \$12000 and \$14000, depending on features). \$13K is probably a good, conservative assumption.

In order for you to really have hit breakeven at 80,000 miles, with an average fuel price of \$2.24, a \$13000 car would have had a fuel cost of \$23584 - \$13000 = \$10584 over those 80,000 miles. That's a fuel efficiency of 80,000 miles * \$2.24/gal. / \$10584 = 16.9 mpg. That's horrible efficiency for a small car. I don't think any small car built in 2002 had anywhere near 16.9 mpg. Even the Ford Ranger had better estimated efficiency than that.

## Comment Re:Yeah... (Score 1)589

I don't know where you get your price data, but in my area used Corollas are selling for a minimum of \$6500. That's for a pure beater with high miles. The nicer maintained Corollas are selling in the 9000-11000 range. Meanwhile '05 Priuses are selling in the \$10000-\$12000 range. So I think iamhassi's point holds up: at \$3/gal., you have to drive the Prius (or Civic Hybrid, which is what I drive) a long time to realize any economic benefit from the fuel efficiency.

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